ASG Equities
26 Cortlandt Street, 5th Fl, New York, NY 10007
People:
ASG Equities NYC portfolio
$382.6 million -office 62%, retail 25%, mixed-use 6%; Manhattan 76%, Brooklyn 23%*
648th largest portfolio by dollar value
902,835 sqft – office 71%, retail 13%, industrial 11%; Manhattan 82%, Brooklyn 17%
573th largest by SF
17 properties – Brooklyn 66%, Manhattan 33%
670th largest
193 foreclosures, 0 bankruptcies, 1 other court case.
Notes
ASG Equities is the Gindi family’s family office. The same principals own Gindi Equities. The Gindi family also owns the discount retailer Century 21 NYC. Website: “Gindi Equities was founded in 2020 by Raymond and Al Gindi as an opportunistic investment platform to acquire multifamily assets.”
Company Activity past 24 months:
Seller company: 11 for $84.3 million
Borrower company: 2 for $37.5 million
Top Ten Associated Companies:
MCB Real Estate (8), Osiris Ventures (8), Bank of America (4), Sam Abed (1), Ashkenazy Acquisition (1), James G. Nicholas II (1), Oceanview Life and Annuity Company (1), Peapack-Gladstone Bank (1), Gabriel Weiser (1)
Top Ten Associated People:
P. David Bramble (8), Jesse Solomon (2), Sam Abed (1), James G. Nicholas II (1), Marnie Adams (1), Gabriel Weiser (1)
Recent activity as company:
• ASG Equities borrowed $27.5 million from Bank of America for None on May 08, 2026.
• ASG Equities sold 255 Church Street for $6.2 million to James G. Nicholas II on January 30, 2026.
• ASG Equities sold 416 87 Street for $28 million to Sam Abed on October 16, 2025.
• ASG Equities sold 452 86 Street for $1.8 million to MCB Real Estate and Osiris Ventures on July 31, 2025.
• ASG Equities sold 447 87 Street for $6.7 million to MCB Real Estate and Osiris Ventures on July 31, 2025.
• ASG Equities sold 460 86 Street for $7.1 million to MCB Real Estate and Osiris Ventures on July 31, 2025.
• ASG Equities sold 472 86 Street for $12.9 million to MCB Real Estate and Osiris Ventures on July 31, 2025.
• ASG Equities sold 436 86 Street for $13.3 million to MCB Real Estate and Osiris Ventures on July 31, 2025.
• ASG Equities sold 450 86 Street for $892,857 to MCB Real Estate and Osiris Ventures on July 31, 2025.
• ASG Equities sold 456 86 Street for $1.2 million to MCB Real Estate and Osiris Ventures on July 31, 2025.
Latest Stories:
• James Nicholas pays $6.2M to ASG Equities for mixed-use in Tribeca (February 06, 2026)
• Sam Abed pays $28M to ASG Equities for parking garage in Bay Ridge (November 14, 2025)
• Gabriel Weiser pays $2.7M to ASG Equities for retail in Tribeca (July 24, 2025)
• ASG Equities signs $33M refi with Bank of America for four FiDi properties (August 20, 2024)
• Oren Neria pays $9.9M for foreclosed Ashkenazy retail in Lincoln Square (January 19, 2024)
• $10.7M pre-foreclosure filed at Ashkenazy Lincoln Square building (September 16, 2022)
Court Records:
Properties: